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The recent breakout action is very bullish and DAX is now aiming for the last hurdle, i.e. orange resistance, before it breaks free to a new all time high at 13600.
I mentioned yesterday that above 7220 we were looking at a test of the 7255 area and we have dropped off that overnight following the China driven rise in Asia. The S&P is once again testing the...
FTSE opens higher as Chinese president’s comments smooth waters between US and ChinaThe FTSE 100 started Tuesday morning on a positive note, trading 0.42% higher after opening at 7,225.51...
Xi strikes conciliatory note in Boao addressThough he wasn’t exactly buddy-buddy with Trump, President Xi Jinping’s speech at the Boao Forum has seemingly convinced investors that the US...
A sharp selloff in Russian mining shares Monday caused the FTSE 100 to fall 0.32% during the day but by the close the index had regained most of the lost ground on a stronger open in the US market and...
EuropeStocks started on an optimistic note, but buying momentum has waned since lunchtime. Tensions between the US and China have cooled, but remain at the back of traders’ minds. Geopolitical...
Despite a strong US open, the European gains dissipated this afternoon, as investors began to fret about President Xi’s speech on Tuesday. There’s a weird sort of lag in trading at the...
The tentative easing of trade war concerns – prompted by a string of calming appearances by Larry Kudlow last week, alongside Trump’s declaration of friendship with President Xi on Sunday...
Stock markets are cautiously optimistic this morning as President Trump is confident a deal will be struck between the US and China in relation to trade. The weakness in global equities lately has...
Thursday’s Q4 trading updateThe beleaguered retailer’s 2017 was, in a word, awful. Starting at £1.13, the stock actually appeared to be making progress in the first half of the year,...
With the share price languishing at its lowest levels since the end of 2016, when there were still some doubts about whether Germany’s biggest lender would be able to secure additional funding,...
Why? Believe it or not, the eurozone’s 19 member countries are experiencing an economic renaissance. Growth in the EU this year is expected to be the fastest for seven years, supported by lower...
A marginal 1.4% rise year-on-year suggests a far calmer 2017 for Tesco (LON:TSCO) than was actually the case. The supermarket behemoth really struggled for the first half, with it spending a decent...
US wage data the focus into the weekendThis afternoon sees the release of the latest employment figures from the US in what is a eagerly followed data point for traders. The monthly non-farm payrolls...
It was choppy trading last night again. At the officials close on Wall Street last night, the major indices finished higher, but in after-hours trading, President Trump threatened additional tariffs...